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    1575 Grand Riv Rd Meridian charter Township, MI 48864

    Sponsored
    For Lease
    $18 SF/Yr ($15,696 /Mo)

    Prime Meridian Twp. Office/Retail

    Lot size:
    10,464 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Ingham County property offers 10,464 square feet of versatile commercial space, ideal for a variety of executive office uses. Previously a bank, the building includes a valuable drive-thru feature and is divisible to a minimum of 4,822 square feet. A contiguous 10,464 square foot space is also available. The building is strategically located at 1575 W Grand River Rd in Meridian Charter Township, MI 48864, a high-traffic corner lot with multiple points of access. Its prominent position boasts excellent visibility, situated near major retailers such as Home Depot, Target, Kroger, Meridian Mall, and Meijer, ensuring high traffic counts and strong demographics. The property's adjacency to Tom's Food Center and proximity to Sparrow lab further enhances its desirability. An adjacent 1,182 square foot space is also available for lease, offering a potential combined total of 6,004 square feet. This presents a unique opportunity to establish a significant presence in a thriving commercial area. The building has the potential for expansion to its full 10,464 square feet.

    Property Features for 1575 Grand Riv Rd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,464 SF
    Total Rate
    15696

    Unit(s) available at that property

    Space
    All
    Size
    10,464 SF
    Rate per SF
    $18

    HighLights

    • 10,464 SF of versatile commercial space in Meridian Charter Township, MI, ideal for executive offices.
    • Features a drive‑thru and is divisible to 4,822 SF minimum.
    • Located on a high‑traffic corner lot at 1575 W Grand River Rd with excellent visibility near major retailers.
    • Adjacent 1,182 SF space also available, offering up to 11,646 SF total.
    Property Profile Location Intelligence

    Current Use by Public Records

    Banks

    Map

    City
    Meridian charter Township
    County
    Ingham
    State
    Michigan
    Longitude
    -84.40640776
    Latitude
    42.71664983

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    FAQs

    What type of property is this?
    Individual retail property - Prime Meridian Twp. Office/Retail
    Where is this individual retail property located?
    The property is located at 1575 Grand Riv Rd Meridian charter Township, MI.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: 10,464 SF of versatile commercial space in Meridian Charter Township, MI, ideal for executive offices.; Features a drive-thru and is divisible to 4,822 SF minimum.; Located on a high-traffic corner lot at 1575 W Grand River Rd with excellent visibility near major retailers.
    Request Owner's contact information
    1575 Grand Riv Rd Meridian charter Township, MI 48864
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    Meridian charter Township, MI 48864
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1575 Grand Riv Rd Meridian charter Township, MI 48864
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